Besides what others have already said, there's also the risk that if Tether collapses and becomes so worthless that it's not being traded anymore, you cannot ex

Besides what others have already said, there's also the risk that if Tether collapses and becomes so worthless that it's not being traded anymore, you cannot exit the short position, as Matt Levine once mentioned on his newsletter (https://www.bloomberg.com/opinion/articles/2018-04-11/-go-to-zero-isn-t-great-for-short-sellers https://www.bloomberg.com/opinion/articles/2018-04-11/-go-to...).